Manager, Accounting

Overview

The Manager, Accounting plays a pivotal role in overseeing the financial operations and regulatory compliance of the credit union. The Manager is responsible for managing financial and regulatory reporting, internal controls, technical accounting, budgeting, and ensuring adherence to regulatory standards. This position plays a leadership role ensuring a high performing team that is continually maximizing efficiency with a positive impact on the financial health of the credit union while providing excellent service to its stakeholders.

• Oversee the month-end close process, monthly reporting and variance analysis, quarterly Call Reports, and general ledger account reconciliations.
• Keeping internal financial records, generating reports, ensuring compliance with laws and regulations, tax returns, recording payroll, supporting the planning process as it pertains to non-interest income and expense (NIIE), general ledger maintenance, monthly book close, GL account reconciliations and maintaining policies.
• Supervise the preparation of reconciliations of general ledger accounts tied to high volume operations areas such as payments, loan servicing, fraud and disputes.
• Manage the monthly Allowance for Credit Losses (ACL) process ensuring the process is compliant with GAAP. Expert knowledge of ASC 326 (CECL).
• Supervise the maintenance of fixed asset records and depreciation schedules and lease accounting records in accordance with accounting policies. Expert knowledge of ASC 842 (Lease Accounting).
• Collaborate with cross-functional teams to evaluate the accounting implications of new products and services or other key initiatives.
• Prepare and analyze monthly, quarterly, and annual financial statements in accordance with GAAP (Generally Accepted Accounting Principles).
• Present financial reports to senior management highlighting key financial metrics and trends.
• Establish and maintain internal controls to safeguard assets and ensure compliance with regulatory requirements.
• Conduct regular reviews of financial processes and procedures to identify areas for improvement and mitigate risks.
• Develop and maintain accounting policies and procedures. Stay abreast of changes in accounting standards and regulatory guidelines, implementing necessary adjustments to ensure compliance.
• Supervise and assist in the coordination of financial audits, internal audits, and regulatory examinations, providing documentation and explanations as needed.
• Implement recommendations from auditors to enhance internal controls and accounting processes.
• Oversee the activities of the ATM Balancing team, ensuring efficient and accurate processing of the transactions and reconciliations managed by the teams.
• Supporting the budgeting/planning process by supervising or preparing various reports and analyses as required.
• Serve as a subject matter expert on all accounting software tools used by the Accounting department, as appropriate (Profit Stars, Prologue, nCino, Concur, Lease Query, Fed Reporter, Symitar and related modules).
• Oversee the month‑end close, management reporting and provide audit support for the MCU Foundation.
• Review and ensure application of appropriate internal controls, compliance and financial procedures.
• Monitor key financial metrics and performance indicators, analyzing trends and identifying areas for improvement or risk mitigation.
• Provide all deliverables in accordance with prescribed timelines.
• Assist with projects, working collaboratively with other departments and meeting all deadlines.
• Perform other related duties as requested and special projects as assigned.

• Bachelor’s degree in Finance, Accounting, or a related field; MBA or CPA strongly preferred.
• 7+ years of progressive experience in accounting, with a minimum of 3 years in an accounting leadership position at a similarly sized bank or credit union.
• In‑depth knowledge of GAAP, regulatory compliance, and financial reporting requirements for banks.
• Excellent analytical skills and attention to detail, with the ability to analyze complex financial data and draw actionable insights.
• Proven leadership abilities, with experience managing teams and…